Predictive Analytics for Supply Chain Optimization
Predictive analytics will play a major role in supply chain optimization by providing actionable insights based on historical data, market trends, and real-time information. Businesses will use predictive models to forecast demand, optimize inventory levels, and improve decision-making across procurement, production, and distribution. By leveraging predictive analytics, companies can anticipate challenges, reduce costs, and improve overall supply chain performance, ensuring they stay ahead of the competition in an increasingly data-driven world.